This paper considers spatial autoregressive panel data models and extends their analysis to the case where the spatial … section dimensions of the panel are large. It derives the asymptotic covariance matrix of the QML estimators allowing for the … sample properties for panels with moderate time dimensions and irrespective of the number of cross section units in the panel …

This paper proposes the transformed maximum likelihood estimator for short dynamic panel data models with interactive …

impairments, using data from the German Socio-Economic Panel. We compare our new approach to modeling ratings with ordinary least …